On Mar 16, 2026 Southern Company entered an underwriting agreement to sell $1.3B Series 2026A 6.00%…
Filed with the SEC on · Summarized by InvestorsBot
On Mar 16, 2026 Southern Company entered an underwriting agreement to sell $1.3B Series 2026A 6.00% Fixed‑to‑Fixed Reset Rate Junior Subordinated Notes due 4/1/2058. Registered via shelf Reg. No. 333‑277138. $SO 🏦💵 #bonds #capitalmarkets
Bookrunners: Citigroup, J.P. Morgan, Mizuho, Morgan Stanley & U.S. Bancorp (reps). $1.3B junior subordinated issuance at 6.00% raises long‑term capital for Southern Co. $SO 📈 #fixedincome #bonds
Investor note: Series 2026A are junior subordinated (lower claim vs. senior debt) with a 6.00% coupon and maturity 4/1/2058 — long duration and subordinated credit exposure to assess. $SO 🔍 #investing #bonds